Explained: Why is India’s labour productivity growth faltering?

News:Recently,an analysis done by India Ratings and Annual Survey of Industries on India’s labour productivity growth in the organised manufacturing sector has shown a declining trend between 2016 and 2018. Facts: About Labour Productivity: Productivity is a measure of the efficiency with which resources of both human and material are converted into goods and services.… Continue reading Explained: Why is India’s labour productivity growth faltering?